GoldON Hires Rouillier Drilling for West Madsen Gold Project in Ontario's Red Lake Camp
GoldON Resources (TSXV: GLD) has engaged Rouillier Drilling for its upcoming drilling program at the 100%-owned West Madsen gold property. GoldON's team is heading to the site to prepare for drilling. The property is strategically located in Ontario's Red Lake Gold District, covering 5,988 hectares and divided into two blocks, A and B. The next phase of drilling will focus on Block A, which shares geological characteristics with the nearby Madsen gold mine, owned by West Red Lake Gold Mines (WRLG). WRLG plans to restart production at Madsen in the latter half of 2025. Rouillier Drilling, established in 1977, specializes in surface and underground drilling and has received the UL 2724 ECOLOGO® certification for eco-friendly mineral exploration services.
GoldON Resources (TSXV: GLD) ha incaricato la Rouillier Drilling per il suo imminente programma di drilling presso il proprietà aurifera West Madsen, di proprietà al 100%. Il team di GoldON si sta dirigendo sul sito per prepararsi al drilling. La proprietà è strategicament ubicata nel Distretto Aurifero di Red Lake in Ontario, coprendo 5.988 ettari ed è divisa in due blocchi, A e B. La prossima fase di perforazione si concentrerà sul Blocco A, che condivide caratteristiche geologiche con la vicina miniera d'oro Madsen, di proprietà della West Red Lake Gold Mines (WRLG). WRLG prevede di riavviare la produzione a Madsen nella seconda metà del 2025. Rouillier Drilling, fondata nel 1977, si specializza in perforazioni superficiali e sotterranee ed ha ricevuto la certificazione UL 2724 ECOLOGO® per i servizi di esplorazione mineraria ecocompatibili.
GoldON Resources (TSXV: GLD) ha contratado a Rouillier Drilling para su próximo programa de perforación en la propiedad de oro West Madsen, de propiedad al 100%. El equipo de GoldON se dirige al sitio para prepararse para la perforación. La propiedad se encuentra estratégicamente ubicada en el Distrito de Oro de Red Lake en Ontario, abarcando 5,988 hectáreas y dividida en dos bloques, A y B. La siguiente fase de perforación se centrará en el Bloque A, que comparte características geológicas con la cercana mina de oro Madsen, propiedad de West Red Lake Gold Mines (WRLG). WRLG planea reiniciar la producción en Madsen en la segunda mitad de 2025. Rouillier Drilling, establecida en 1977, se especializa en perforaciones superficiales y subterráneas y ha recibido la certificación UL 2724 ECOLOGO® por sus servicios de exploración mineral ecológicos.
GoldON Resources (TSXV: GLD)는 100% 소유의 West Madsen 금 자산에서 다가오는 채굴 프로그램을 위해 Rouillier Drilling을 계약했습니다. GoldON 팀은 채굴을 준비하기 위해 현장으로 향하고 있습니다. 이 자산은 온타리오주 레드 레이크 금 지구에 전략적으로 위치해 있으며, 5,988헥타르를 커버하고 A 및 B 두 개 블록으로 나누어져 있습니다. 다음 채굴 단계는 인근 Madsen 금광과 지질학적 특성을 공유하는 A 블록에 집중될 것입니다. Madsen은 West Red Lake Gold Mines (WRLG)의 소유입니다. WRLG는 2025년 하반기에 Madsen에서 생산을 재개할 계획입니다. Rouillier Drilling은 1977년에 설립되어 표면 및 지하 채굴을 전문으로 하며, 친환경 광물 탐사 서비스에 대해 UL 2724 ECOLOGO® 인증을 받았습니다.
GoldON Resources (TSXV: GLD) a engagé Rouillier Drilling pour son prochain programme de forage sur la propriété aurifère West Madsen, entièrement détenue. L'équipe de GoldON se dirige vers le site pour se préparer au forage. La propriété est stratégiquement située dans le district aurifère de Red Lake en Ontario, couvrant 5 988 hectares et divisée en deux blocs, A et B. La prochaine phase de forage se concentrera sur le Bloc A, qui partage des caractéristiques géologiques avec la mine d'or voisine de Madsen, détenue par West Red Lake Gold Mines (WRLG). WRLG prévoit de relancer la production à Madsen dans la seconde moitié de 2025. Rouillier Drilling, fondée en 1977, est spécialisée dans le forage de surface et souterrain et a reçu la certification UL 2724 ECOLOGO® pour ses services d'exploration minérale respectueux de l'environnement.
GoldON Resources (TSXV: GLD) hat Rouillier Drilling für sein bevorstehendes Bohrprogramm im West Madsen Goldareal, das zu 100 % im Eigentum steht, engagiert. Das Team von GoldON macht sich auf den Weg zur Baustelle, um sich auf das Bohren vorzubereiten. Das Areal liegt strategisch im Red Lake Gold District in Ontario, umfasst 5.988 Hektar und ist in zwei Blöcke, A und B, unterteilt. Die nächste Bohrphase wird sich auf Block A konzentrieren, der geologische Eigenschaften mit der nahegelegenen Goldmine Madsen, die im Besitz der West Red Lake Gold Mines (WRLG) ist, teilt. WRLG plant, in der zweiten Hälfte des Jahres 2025 die Produktion in Madsen wiederaufzunehmen. Rouillier Drilling, gegründet 1977, hat sich auf Oberflächen- und Untergrundbohrungen spezialisiert und erhielt die UL 2724 ECOLOGO®-Zertifizierung für umweltfreundliche Mineralexplorationsdienste.
- GoldON's selection of Rouillier Drilling enhances the credibility and potential success of the drilling program.
- The strategic location near WRLG's operational Madsen mine may offer synergistic benefits and resource-sharing opportunities.
- Identification of an ~8-km corridor of disrupted regional magnetics on Block A indicates promising gold mineralization.
- Potential operational risks if WRLG's planned restart of the Madsen mine in 2025 encounters delays.
The eastern boundary of the West Madsen property is a 5 km drive from the Madsen gold mine and mill complex owned by West Red Lake Gold Mines (WRLG)
Victoria, British Columbia--(Newsfile Corp. - September 4, 2024) - GoldON Resources Ltd. (TSXV: GLD) (the "Company") is pleased to announce it has hired Rouillier Drilling for the upcoming drilling program at its
GoldON personnel are enroute to the Property to coordinate site preparations in advance of the commencement of drilling.
Figure 1: Looking northeast from GoldON's West Madsen property to WRLG's Madsen Gold Mine property.
To view an enhanced version of this graphic, please visit:
https://goldonresources.com/images/westmadsen/WM-BLK-A_WRLG.jpg
About Rouillier Drilling:
Founded in 1977, Rouillier Drilling is a family-owned company with a reputation as a specialist in surface and underground drilling in Eastern Canada. It was the first company to obtain the UL 2724 ECOLOGO® certification for service providers of the mineral exploration industry. Rouillier Drilling is a division of the Rouillier Group that includes various subsidiaries in diamond drilling and the manufacture of high-performance mining equipment.
About the West Madsen Property:
Located in the heart of the Red Lake Gold District, the 5,988-hectare property covers two claim blocks, Block A (east) and Block B (west), that are non-contiguous by less than 100 metres. The next phase of drilling will focus on Block A where previous drilling has confirmed gold mineralization in several different geological environments and represents typical Archean terrane orogenic gold deposit settings.
Block A adjoins the Madsen gold mine property (Figure 1) where West Red Lake Gold Mines (WRLG) expects to restart production in the second half of 2025. The bulk of the mineral resources on the Madsen mine property are hosted in a ~7-km-long gold trend that follows the major crustal break or contact between the Balmer and Confederation assemblages.
GoldON has observed the same Balmer-Confederation contact in outcrop approximately 1.5 km west of the Block A eastern claim boundary and identified it within an ~8-km corridor of disrupted regional magnetics that traverses Block A from the Madsen mine property.
About GoldON Resources Ltd.
GoldON is a mineral exploration company focused on discovery-stage properties. Our goal with a property is to add value by defining or redefining the exploration opportunity, maintain ownership control during the value creation phase of discovery, and then source a well-financed partner capable of accelerating discovery, resource definition, and development.
For more information on GoldON and the West Madsen gold project, please visit our website at goldonresources.com. You can also download our investor presentation here and follow us on X at https://x.com/GoldONResources.
ON BEHALF OF THE BOARD
Signed "Michael Romanik"
Michael Romanik, President
GoldON Resources Ltd.
Direct line: (204) 724-0613
Email: info@goldonresources.com
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
This news release may contain "forward-looking statements" that involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221989
FAQ
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